Gold Prices Rise Despite Weekly Downtrend as Fed Minutes Signal Caution Gold prices rose on Friday but are set for their first weekly decline in three weeks as expectations for U.S. interest rate cuts have diminished due to the Federal Reserve’s recent hawkish stance. Spot gold increased by 0.4% to $2,338.57 per ounce, while U.S. gold futures went up 0.1% to $2,339.80. The dollar index also dropped, making gold cheaper for foreign buyers. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inflation Has Shifted How Everyday Americans View the Economy READ MORE Insider Alert: Mike’s Made a Change in His Portfolio READ MORE Fed's Latest Stress Test Scenarios: Banks Brace for Hypothetical Global Recession READ MORE Goldman Sachs Cautiously Optimistic About Stock Market Rally Despite Emerging Risks READ MORE Gold Prices to Stay Strong Through 2024, Some Say $3,000 is a Stretch READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment